Despite an expected 8.5% year-over-year decline in August volume, Cox Automotive forecasts a 16.3 million SAAR, with full-size pickups outperforming several major crossover segments.
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A look back over the past decade may shed some light on what to expect from the recent fiscal crisis. Overall, Black Book anticipates a positive impact on values.
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What can the market expect of wholesale price trends in the second-half of 2012? Relative price stability and strong demand as consumers look to rid themselves of their aging vehicles.
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There is a shortage of medium-duty trucks in the wholesale market due to the low volume of new units ordered from 2007 to 2010. This inventory shortage is forecast to persist for several years. The net result is higher resale values.
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Low auction inventories have kept used vehicle prices afloat. But does that mean you can finally sell your used pickup or SUV? And how has bankruptcy affected used car values?
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Resale values for mid-size sedans are substantially higher than in 2008, as are prices for light-duty trucks and SUVs. Contributing to this rebound is a decrease in wholesale inventory, low fuel prices, and strong retail used-vehicle sales.
Read More →Depreciation continues to be the largest fleet expense; however, fuel, as a percent of total fleet cost is growing (rapidly). Fuel expense is influencing vehicle acquisition strategies, with a direct bearing on future depreciation.
Read More →For the fifth consecutive year, silver is the most popular color for passenger cars in North America. The annual survey by automotive finish producer PPG Industries indicates a slow shift in second choices, however.
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A concern is emerging about the future softening of full-size pickup resale values, based on a potential supply-and-demand imbalance in the segment that may parallel the soft full-size SUV resale market.
Read More →Resale values for two- and three-year old vehicles sold in the wholesale market in the fourth quarter 2002 were lower than the same period in 2001 when used-vehicle values hit rock bottom following the attacks of Sept. 11.
Read More →Supply and demand plays a significant role in year-over-year value retention, says Kelley Blue Book.
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